Ton Yi Industrial Corp. engages in the manufacturing, processing, and sale of various steel cans and tin plates in Taiwan, Mainland China, and internationally. The company provides tin mill black plates and cold rolled steels of thin gauge for use in the electric and electronic parts, appliances, steel furniture, containers, structural materials, etc.; tin plates and TFS products that are used in food packaging, motor oil cans, electric parts, dry cells, stations, toys, etc.; and tin cans for various food and beverages. It also offers beverages pet products for tea drink, vegetable and fruit juice, milk tea, coffee, and sporty drinks, as well as sales and technical services; and tetra packs for tea, juice, soya milk, and other products. The company was formerly known as Ton Yi Agriculture Industrial Corporation and changed its name to Ton Yi Industrial Corp. in 1974. Ton Yi Industrial Corp. was incorporated in 1969 and is headquartered in Tainan, Taiwan.
Ton Yi Industrial Dividend Announcement
• Ton Yi Industrial announced a annually dividend of NT$0.30 per ordinary share which will be made payable on 2024-08-12. Ex dividend date: 2024-07-12
• Ton Yi Industrial annual dividend for 2024 was NT$0.30
• Ton Yi Industrial annual dividend for 2023 was NT$1.48
• Ton Yi Industrial's trailing twelve-month (TTM) dividend yield is 1.76%
• Ton Yi Industrial's payout ratio for the trailing twelve months (TTM) is 335.81%
Ton Yi Industrial Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-07-12 | NT$0.30 | annually | 2024-08-12 |
2023-07-06 | NT$1.48 | annually | 2023-08-07 |
2022-06-30 | NT$1.00 | annually | 2022-07-27 |
2021-08-26 | NT$0.53 | annually | 2021-09-24 |
2019-07-15 | NT$0.47 | annually | 2019-08-16 |
2018-07-09 | NT$0.50 | annually | 2018-08-13 |
2017-07-11 | NT$0.38 | annually | 2017-08-16 |
2016-07-21 | NT$0.32 | annually | |
2015-07-17 | NT$0.45 | annually | |
2014-07-03 | NT$0.65 | annually | |
2013-07-09 | NT$0.15 | annually | |
2012-07-09 | NT$0.55 | annually |
Ton Yi Industrial Dividend per year
Ton Yi Industrial Dividend growth
Ton Yi Industrial Dividend Yield
Ton Yi Industrial current trailing twelve-month (TTM) dividend yield is 1.76%. Interested in purchasing Ton Yi Industrial stock? Use our calculator to estimate your expected dividend yield:
Ton Yi Industrial Financial Ratios
Ton Yi Industrial Dividend FAQ
Other factors to consider when evaluating Ton Yi Industrial as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
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1. Determination of Dividend: Ton Yi Industrial's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, Ton Yi Industrial publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, Ton Yi Industrial distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from Ton Yi Industrial are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
1. Record Date: Ton Yi Industrial sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, Ton Yi Industrial distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Ton Yi Industrial declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
To assess the safety of Ton Yi Industrial's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review Ton Yi Industrial's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.